Wednesday, 29 February 2012

Is anyone employed any more?

The official unemployment stats cant possibly tell the whole truth about employment. Look around the streets at the number of offices and shops for lease, and the (daily) anecdotal evidence on retrenchments, and it may explain why shops and cafes are emptying. People cant afford it. For those of  us lucky enough to live and work in the inner city we tend to be insulated from the hardships in the 'burbs and some of the regions. There are recent reports which indicate that real unemployment is a multiple of the reported figures from the Federal Government. They will say go to the mines. But they are not big employers. That is the land of small and medium businesses - the ones that are hurting and now laying off staff. Wait for the official unemployment figures to rise later this year. Hopefully burglaries wont!

David Millhouse
www.millhouse.co

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